SYSTEM AND METHOD FOR MONITORING RISK IN A SYSTEM DEVELOPMENT PROGRAM

A computerized system and method are provided that may be used to project a plurality of risk levels that may develop during the course of a large development project. A plurality of inputs are stored and converted for use to a metric that is used by an expert knowledge rule based system to determine a plurality of risk levels that develops relating to successful completion of a large development program with respect to elements such as cost, time of delivery, and quality. A plurality of outputs are provided in a form that can be used by a program manager to reduce the level of risk that may arise. In a preferred embodiment, the plurality of outputs are provided in a quantified manner that may relate to a probability of failure of one or more aspects of the development program. The rules are based on the knowledge and experience of experts and are predetermined so that risk levels are objectively quantified prior to beginning the project rather than subjectively determined during the course of the project. The system can be implemented on a PC and can be used by a metric analyst or program manager.